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The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. First Brothers Co's Dividend Payout Ratio for the
months ended in May. 2026 was 0.00.
The historical rank and industry rank for First Brothers Co's Dividend Payout Ratio or its related term are showing as below:
TSE:3454'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.16 Max: 0.72
Current: 0.12
During the past 13 years, the highest Dividend Payout Ratio of First Brothers Co was 0.72. The lowest was 0.08. And the median was 0.16.
TSE:3454's Dividend Payout Ratio is ranked better than 91.18% of 930
companies
in the Asset Management industry
Industry Median: 0.7
vs TSE:3454: 0.12
During the past 12 months, First Brothers Co's average Dividends Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 14.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Brothers Co was 35.40% per year. The lowest was 5.30% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
First Brothers Co (TSE:3454) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
First Brothers Co Dividend Payout Ratio Related Terms
First Brothers Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for First Brothers Co's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:3454 vs BLK, BX, KKR: Dividend Payout Ratio Comparison
For the Asset Management subindustry, First Brothers Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Brothers Co Dividend Payout Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, First Brothers Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where First Brothers Co's Dividend Payout Ratio falls into.
First Brothers Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
First Brothers Co's Dividend Payout Ratio for the fiscal year that ended in Nov. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Brothers Co (TSE:3454) has a Dividend Payout Ratio of 0.00 as of May. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Brothers Co and its competitors. Over the past decade, First Brothers Co's Dividend Payout Ratio has ranged from 0.08 to 0.72. According to the industry distribution chart, First Brothers Co ranks #82 out of 930 companies in the Asset Management industry, placing it in the top 8.8%.
Is First Brothers Co's Dividend Payout Ratio too high?
First Brothers Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.72. Based on the distribution chart, First Brothers Co ranks #82 out of 930 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, First Brothers Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Brothers Co's Dividend Payout Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, First Brothers Co ranks #82 out of 930 companies for Dividend Payout Ratio. This places First Brothers Co in the top 9% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.70. Historically, First Brothers Co's own Dividend Payout Ratio has ranged from 0.08 to 0.72 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Brothers Co and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Brothers Co's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Brothers Co stock overvalued right now?
Based on GuruFocus' analysis, First Brothers Co (TSE:3454) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,541.44, compared to a current price of 円1,277.00 — trading 17.2% below its estimated fair value. The current Dividend Payout Ratio is 0.00. First Brothers Co's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For First Brothers Co (TSE:3454), the current Dividend Payout Ratio is 0.00 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Brothers Co (TSE:3454) Overvalued in 2026?
Based on GuruFocus' analysis, First Brothers Co stock appears to be undervalued.
The current stock price of 円1,277.00 is trading 17.2% below its estimated GF Value™ of 円1,541.44.
GuruFocus considers First Brothers Co to be Modestly Undervalued.
Key valuation signals for TSE:3454:
Dividend Payout Ratio: 0.00
GF Value™: 円1,541.44 vs. price of 円1,277.00 (17.2% below fair value)
No single metric tells the full story. See the TSE:3454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Brothers Co Ltd engages in the investment management business. It operates through the Investment Management, Investment Banking, and Facility Management divisions. The Investment Management division invests in real estate or real estate trust beneficiary rights by performing asset management in a private fund format. The Investment Banking division provides various advisory services for real estate and other investments. The Facility Management operates accommodation facilities to provide hospitality services from a medium-to long-term perspective.
65GF Score
Get the complete analysis for TSE:3454
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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